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S&P 500   3,998.84
DOW   33,947.10
QQQ   287.64
All the Cloud Storage You Need Is on Sale for the Holidays
China Threat Triggers Potential Mining Boom for Investors (Ad)
Tesla Shares Are Sliding, Here’s Why
Is Big Lots the Next Bed Bath & Beyond Disaster in the Making?
China Threat Triggers Potential Mining Boom for Investors (Ad)
Lockheed teams with Israel's Rafael on laser defense
Russian oil price cap, EU ban aim to limit Kremlin war chest
China Threat Triggers Potential Mining Boom for Investors (Ad)
World Cup fans find booze at hotels, Qatar's 1 liquor store
3 Signs the Stock Market Outlook is Improving
S&P 500   3,998.84
DOW   33,947.10
QQQ   287.64
All the Cloud Storage You Need Is on Sale for the Holidays
China Threat Triggers Potential Mining Boom for Investors (Ad)
Tesla Shares Are Sliding, Here’s Why
Is Big Lots the Next Bed Bath & Beyond Disaster in the Making?
China Threat Triggers Potential Mining Boom for Investors (Ad)
Lockheed teams with Israel's Rafael on laser defense
Russian oil price cap, EU ban aim to limit Kremlin war chest
China Threat Triggers Potential Mining Boom for Investors (Ad)
World Cup fans find booze at hotels, Qatar's 1 liquor store
3 Signs the Stock Market Outlook is Improving
S&P 500   3,998.84
DOW   33,947.10
QQQ   287.64
All the Cloud Storage You Need Is on Sale for the Holidays
China Threat Triggers Potential Mining Boom for Investors (Ad)
Tesla Shares Are Sliding, Here’s Why
Is Big Lots the Next Bed Bath & Beyond Disaster in the Making?
China Threat Triggers Potential Mining Boom for Investors (Ad)
Lockheed teams with Israel's Rafael on laser defense
Russian oil price cap, EU ban aim to limit Kremlin war chest
China Threat Triggers Potential Mining Boom for Investors (Ad)
World Cup fans find booze at hotels, Qatar's 1 liquor store
3 Signs the Stock Market Outlook is Improving
Most-Downgraded Stocks  
NASDAQ:PLUG

Plug Power - PLUG Stock Forecast, Price & News

$14.96
-0.85 (-5.38%)
(As of 12/5/2022 12:00 AM ET)
Add
Compare
Today's Range
$14.96
▼
$15.93
50-Day Range
$14.61
▼
$23.39
52-Week Range
$12.70
▼
$37.08
Volume
10.99 million shs
Average Volume
16.14 million shs
Market Capitalization
$8.72 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$27.09

Plug Power MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
81.1% Upside
$27.09 Price Target
Short Interest
Bearish
14.23% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.13
Upright™ Environmental Score
News Sentiment
0.01mentions of Plug Power in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($1.07) to ($0.61) Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.07 out of 5 stars

Industrial Products Sector

100th out of 178 stocks

Electrical Industrial Apparatus Industry

5th out of 9 stocks

See Top Rated MarketRank™ Stocks Here
PLUG stock logo

About Plug Power (NASDAQ:PLUG) Stock

Plug Power Inc. is a green energy play focused on Hydrogen and hydrogen fuel cells and it is the leader in the push toward a green hydrogen economy. Among the many advantages of hydrogen fuel cells are the unlimited supply of hydrogen and the ability to harvest it from renewable, green energy sources. Additionally, power-sensitive industries like Health Care, Data Centers, and Communications services can ensure their own operations by utilizing hydrogen fuel cells as a primary or back-up system.

Plug Power Inc develops, designs, manufactures, markets, installs, and services a line of end-to-end hydrogen and zero-emission fuel cell solutions. These solutions are tailored for supply chain and logistics applications, on-road electric vehicles, and stationary power generation for businesses and industries in North America and internationally.

Green Hydrogen is hydrogen split from a base molecule using electricity generated by sustainable sources such as fuel cells, solar, or wind. One of the most visible uses of hydrogen fuel cells is in warehouse settings where it is used to run loaders and forklifts. The technology not only saves on costs but reduces emissions within an enclosed warehouse or retail space. A few of the companies capitalizing on the technology are Walmart, Amazon, FedEx, and The Home Depot. The company was founded in 1997, went public in 1999, and is headquartered in Latham, New York.

Plug Power’s goal is to build an end-to-end green hydrogen ecosystem that includes green hydrogen production, storage and delivery, and energy generation through a network of grid-connected power stations and refueling points. A key milestone in the company’s history was hit in 2014 when Plug Power, Inc deployed the GenKey solutions for the first time. The GenKey system is a suite of turnkey services that streamlines the upgrade to hydrogen fuel cells. Essentially, Plug Power installs and hen services fully-operational fuel cell systems. These solutions include IoT connectivity for maintenance and servicing that ensures best-in-class uptime for all fuel cell solutions.

Among the company’s many products are proton exchange membrane (PEM) for fuel cells, individual fuel cells and hydrogen fuel processing technologies, and hybrid EV/Hydrogen technologies as well as equipment for hydrogen and green hydrogen generation, storage, and dispensing infrastructure.

Plug Power, Inc. has strategic agreements with Airbus, Lhyfe, Edison Motors, Phillips 66, Apex Clean Energy, BAE Systems, and Universal Hydrogen Co. The partnership with Airbus is exploring the use of hydrogen in airplanes and airports, the partnership with Lhyfe is expanding hydrogen use in the EU logistics market, the partnership with Edison Motors is focused on a hydrogen-only city bus solution, and the deal with Phillips 66 aims at expanding and scaling Plug Power’s hydrogen production capabilities as needed.

 

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PLUG Stock News Headlines

November 10, 2022 | marketbeat.com
Vision Hydrogen, Now Vision Energy, Puts Hopes In Stock Split (PLUG)
Vision Hydrogen Corporation decalred 2-for-1 split and changed their name to Vision Energy; Along with their green energy projects, this should entice investors
November 9, 2022 | marketbeat.com
Two Green Energy Plays Poised For Gains In 2023 (PLUG)
Plug Power and Blink Charging are two green energy stocks poised for gains in 2023 with or without the Inflation Reduction Act.
December 2, 2022 | americanbankingnews.com
Analysts Set Plug Power Inc. (NASDAQ:PLUG) Target Price at $27.09
November 30, 2022 | finance.yahoo.com
Plug Power Struggles To Contain Costs; Is PLUG Stock A Buy Or Sell?
November 29, 2022 | bizjournals.com
Plug Power brings $233M worth of liquid hope to Genesee County
November 28, 2022 | finance.yahoo.com
10 Robinhood Stocks To Buy That Are Too Cheap To Ignore
November 27, 2022 | finance.yahoo.com
Plug Power Inc. (NASDAQ:PLUG) Shares Could Be 37% Below Their Intrinsic Value Estimate
November 27, 2022 | seekingalpha.com
Plug Power Needs To Demonstrate Its Path Toward Profitability Now
November 22, 2022 | benzinga.com
$100 Invested In Plug Power 10 Years Ago Would Be Worth This Much Today
November 22, 2022 | finance.yahoo.com
Plug Power wants to change the world
November 15, 2022 | msn.com
Cramer's lightning round: Plug Power must get expenses under control
November 13, 2022 | finance.yahoo.com
Plug Power is under the microscope ahead of earnings; Here’s what to expect
November 13, 2022 | nasdaq.com
Plug Power (NASDAQ:PLUG) Stock: Can it Still Energize Investors’ Portfolios?
November 10, 2022 | seekingalpha.com
Plug Power: Abysmal Q3 Results, Aggressive Outlook
November 10, 2022 | finance.yahoo.com
Plug Power Third Quarter 2022 Earnings: Misses Expectations
November 9, 2022 | finance.yahoo.com
Why Plug Power Shares Dropped Today
November 9, 2022 | finance.yahoo.com
Plug Power already thinking about expansion as production begins at $94M factory
November 9, 2022 | seekingalpha.com
Plug Power stock pares earlier gains after earnings; analysts remain positive
November 9, 2022 | benzinga.com
13 Analysts Have This to Say About Plug Power
November 9, 2022 | finance.yahoo.com
Plug Power (PLUG) Q3 2022 Earnings Call Transcript
November 9, 2022 | finance.yahoo.com
Plug Power Missed Sales Estimates By a Mile. Wall Street Isn’t Worried.
November 9, 2022 | marketwatch.com
Earnings Results: Plug Power results come in below Street view following warning
November 8, 2022 | finance.yahoo.com
Plug Power (PLUG) Reports Q3 Loss, Misses Revenue Estimates
November 8, 2022 | msn.com
What's Going On With Plug Power Stock After Hours?
November 8, 2022 | finance.yahoo.com
Plug Power results come in below Street view following warning
See More Headlines
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PLUG Company Calendar

Last Earnings
11/09/2021
Today
12/05/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
3/07/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Electrical industrial apparatus
Sub-Industry
N/A
Sector
Industrial Products
Current Symbol
NASDAQ:PLUG
CUSIP
N/A
CIK
1093691
Web
www.plugpower.com
Phone
(518) 782-7700
Fax
518-782-9060
Employees
2,449
Year Founded
1997

Price Target and Rating

Average Stock Price Forecast
$27.09
High Stock Price Forecast
$48.00
Low Stock Price Forecast
$16.00
Forecasted Upside/Downside
+81.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
19 Analysts

Profitability

EPS (Most Recent Fiscal Year)
($1.20)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$-459,960,000.00
Net Margins
-107.91%
Pretax Margin
-110.20%
Return on Equity
-15.56%
Return on Assets
-11.76%

Debt

Debt-to-Equity Ratio
0.13
Current Ratio
6.09
Quick Ratio
5.23

Sales & Book Value

Annual Sales
$502.34 million
Price / Sales
17.36
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$7.99 per share
Price / Book
1.87

Miscellaneous

Outstanding Shares
582,900,000
Free Float
575,326,000
Market Cap
$8.72 billion
Optionable
Optionable
Beta
1.56

Social Links


Key Executives

  • Mr. Andrew J. MarshMr. Andrew J. Marsh (Age 66)
    Pres, CEO & Director
    Comp: $1.45M
  • Mr. Paul B. Middleton CPAMr. Paul B. Middleton CPA (Age 55)
    Exec. VP & CFO
    Comp: $772.5k
  • Mr. Gerard L. Conway Jr.Mr. Gerard L. Conway Jr. (Age 57)
    Exec. VP, Gen. Counsel & Corp. Sec.
    Comp: $743.21k
  • Mr. Sanjay K. ShresthaMr. Sanjay K. Shrestha (Age 48)
    Exec. VP, GM of Energy Solutions & Chief Strategy Officer
    Comp: $761.54k
  • Mr. Dirk Ole Hoefelmann (Age 54)
    Exec. VP & GM of Electrolyzers
    Comp: $835.92k
  • Mr. Martin D. Hull (Age 54)
    Chief Accounting Officer & Corp. Controller
  • Mr. Tim Cortes
    Chief Technology Officer
  • Dr. Preeti Pande Ph.D.
    Chief Marketing Officer
  • Ms. Tammy Kimble
    VP of HR
  • Mr. Keith C. SchmidMr. Keith C. Schmid (Age 59)
    GM of New Markets & Pres of New Product Devel.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













PLUG Stock - Frequently Asked Questions

Should I buy or sell Plug Power stock right now?

19 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Plug Power in the last twelve months. There are currently 7 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PLUG shares.
View PLUG analyst ratings or view top-rated stocks.

What is Plug Power's stock price forecast for 2023?

19 analysts have issued 1-year price targets for Plug Power's stock. Their PLUG share price forecasts range from $16.00 to $48.00. On average, they predict the company's stock price to reach $27.09 in the next twelve months. This suggests a possible upside of 81.1% from the stock's current price.
View analysts price targets for PLUG or view top-rated stocks among Wall Street analysts.

How have PLUG shares performed in 2022?

Plug Power's stock was trading at $28.23 at the beginning of the year. Since then, PLUG shares have decreased by 47.0% and is now trading at $14.96.
View the best growth stocks for 2022 here.

When is Plug Power's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 7th 2023.
View our PLUG earnings forecast.

How were Plug Power's earnings last quarter?

Plug Power Inc. (NASDAQ:PLUG) released its quarterly earnings results on Tuesday, November, 9th. The electronics maker reported ($0.19) EPS for the quarter, missing the consensus estimate of ($0.09) by $0.10. The electronics maker had revenue of $143.92 million for the quarter, compared to the consensus estimate of $142.87 million. Plug Power had a negative trailing twelve-month return on equity of 15.56% and a negative net margin of 107.91%. During the same quarter in the previous year, the business posted ($0.11) earnings per share.

What guidance has Plug Power issued on next quarter's earnings?

Plug Power issued an update on its FY 2023 earnings guidance on Tuesday, November, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.40 billion-$1.40 billion, compared to the consensus revenue estimate of $1.37 billion.

What is Andy Marsh's approval rating as Plug Power's CEO?

27 employees have rated Plug Power Chief Executive Officer Andy Marsh on Glassdoor.com. Andy Marsh has an approval rating of 52% among the company's employees. This puts Andy Marsh in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Plug Power own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Plug Power investors own include FuelCell Energy (FCEL), Advanced Micro Devices (AMD), Tesla (TSLA), NIO (NIO), NVIDIA (NVDA), Ballard Power Systems (BLDP), Micron Technology (MU), Block (SQ) and Nokia Oyj (NOK).

What is Plug Power's stock symbol?

Plug Power trades on the NASDAQ under the ticker symbol "PLUG."

Who are Plug Power's major shareholders?

Plug Power's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.54%), Vanguard Group Inc. (8.75%), State Street Corp (2.40%), Citadel Advisors LLC (0.00%), Two Sigma Investments LP (0.59%) and First Trust Advisors LP (0.57%). Insiders that own company stock include Andrew Marsh, Fivet Capital Holding Ag, George C Mcnamee, Gerard L Conway Jr, Gregory Kenausis, Jonathan M Silver, Keith Schmid, Lucas P Schneider, Martin Daniel Hull, Maureen O Helmer, Paul B Middleton and Sanjay K Shrestha.
View institutional ownership trends.

How do I buy shares of Plug Power?

Shares of PLUG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Plug Power's stock price today?

One share of PLUG stock can currently be purchased for approximately $14.96.

How much money does Plug Power make?

Plug Power (NASDAQ:PLUG) has a market capitalization of $8.72 billion and generates $502.34 million in revenue each year. The electronics maker earns $-459,960,000.00 in net income (profit) each year or ($1.20) on an earnings per share basis.

How many employees does Plug Power have?

The company employs 2,449 workers across the globe.

How can I contact Plug Power?

Plug Power's mailing address is 968 ALBANY-SHAKER ROAD, LATHAM NY, 12110. The official website for the company is www.plugpower.com. The electronics maker can be reached via phone at (518) 782-7700, via email at investors@plugpower.com, or via fax at 518-782-9060.

This page (NASDAQ:PLUG) was last updated on 12/6/2022 by MarketBeat.com Staff